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THE HAGUE, Nov. 29 (Xinhua) -- "China fully abide by the chemical weapons conventions and is the important state partner," the new Director General of Organization for the Prohibition of Chemical Weapons (OPCW) Ahmet Uzumcu said here on Monday.At the opening ceremony of the photo exhibition about"chemical weapons abandoned by Japan in China"during the 15th session of the Conference of OPCW, Uzumcu told Xinhua, "We are fully aware of the safety risks that these weapons posed to the Chinese people, who are living in the immediate neighborhood of the weapons. Thus we wish the early destruction of the weapons.""As the director general, I am particularly pleased to see the breakthrough of the process and to see the destruction has started on 12th October," Uzumcu said.Uzumcu just finished a visit to China."I was impressed by China's developments in chemical industries." He commended China' s excellent performance of implementing the chemical weapon Convention and the outstanding results followed by.The exhibition with dozens of photos, which is a comprehensive and systematic presentation of the history and the current status of this issue, attracted many visitors."It's very informative and things exhibited here are relatively new to the organization. I have heard a lot about this issue. But this exhibition has made things more come to life. It illustrated the challenges a lot more concretely,"a US representative said."It's a very large number of chemical weapons considered to be abandoned in China. I hope all of them are located, identified, and subsequently they are put in storage, and therefore they be destructed,"a representative from Pakistan said.
BEIJING, Jan. 14 (Xinhua) -- China will increase the flexibility of the yuan exchange rate and further push forward the opening-up of its financial markets, a senior central bank official said Friday.China will continue the reform of the yuan exchange rate mechanism and keep the rate basically stable at a reasonable and balanced level, Li Dongrong, assistant governor of the People's Bank of China, said at a forum. The speech was posted on the central bank's website.The Chinese yuan strengthened to a record high against the U.S. dollar Friday, the central parity rate reaching 6.5896, the second straight day it has been set below 6.6 per dollar, according to the China Foreign Exchange Trading System.The currency has risen by more than 3 percent since the country's central bank announced in June 2010 it would further reform the yuan exchange rate formation mechanism to improve its flexibility.Li also said the central bank will work to expand trials of cross-border yuan settlement, to facilitate trade and investment.The central bank will promote the policy of allowing exporters to park their foreign revenue overseas, Li said, adding that it will further develop the foreign reserves market and create tools to hedge exchange rate risk.Li's speech came after the central bank announced Thursday the nation's qualified businesses and banks may settle their overseas direct investment in yuan, a move that expands the Chinese currency's global reach and eases excess domestic liquidity concerns.Li also voiced concern about loose credit globally, saying such policies are adding to capital-inflow and currency-appreciation pressures, leading to asset bubbles in some emerging economies.China still faces many challenges, Li said. "Expectations for inflation are rising. Housing prices are still high in some cities. Pressure from continuous inflows of foreign capital is increasingly evident," he said.The central bank will soundly manage money supply and maintain reasonable growth in credit, he added.

ISLAMABAD, Dec. 19 (Xinhua) -- Chinese Premier Wen Jiabao on Sunday called upon top Pakistani lawmakers to strengthen bilateral parliamentary exchanges and help promote the two countries' partnership.During his meeting with Senate Chairman Farooq Hamid Naek and National Assembly Speaker Fehmida Mirza, Wen appreciated the efforts by Pakistani parliamentary political parties to improve their country's relations with China.Beijing encourages the Pakistani parliament to enhance communication with the Chinese side and help bring bilateral pragmatic cooperation to higher levels and more tangible benefits to the two peoples, Wen added.Chinese Premier Wen Jiabao (2nd R) meets with Pakistan's Senate Chairman Farooq Hamid Naek (1st L) and Speaker of Pakistan's National Assembly Fahmida Mirza (1st R) in Islamabad, capital of Pakistan, Dec. 19, 2010.The very objective of his visit, he said, is to demonstrate that China firmly supports Pakistan in post-disaster reconstruction and its efforts to seek economic development and maintain stability. China also asks the international community to extend helping hands to flood-hit Pakistan.Wen said his three-day visit has produced significant results and breathed new life into bilateral relations.Deep-rooted friendship between the two neighbors should be treasured by both nations, said Wen.Calling the Pakistan-China friendship all-around, Naek and Mirza said Pakistan attaches great importance to ties with China.The Pakistani parliament is willing to enhance friendly exchanges with China's National People's Congress and the Chinese People's Political Consultative Conference, and help deepen friendship between the two peoples and consolidate relations between the two countries, they said.
BEIJING, Jan. 12 (Xinhua) -- Traffic congestion has eased "obviously" in Beijing since authorities launched a string of new, stricter traffic rules and opened five new subway lines last month, a local transport official said Wednesday."On average, the duration of traffic jams has been reduced by more than two hours per day, from 3 hours and 55 minutes before the new year to the current 1 hour 45 minutes since Jan. 1," said Li Xiaosong, deputy director of the Beijing Municipal Committee of Communications.Li's committee has unveiled an index system of Beijing's traffic congestion, the first for the city.According to the system, 0-2 signified traffic was "smooth," 2-4 "generally smooth," 4-6 signalled "slight congestion," 6-8 "moderate congestion," and 8-10 "heavy congestion," Li said."Before the New Year, Beijing's congestion index usually stood above 8.2, but it has been 6 since Jan. 1," she said.Li attributed the improvement to the new traffic rules and subway lines.Massive traffic jams have long been a headache for Beijing, a city of 20 million people and 4.8 million vehicles. Last year, an average 2,000 new cars hit the city's streets every day.On Dec. 23, authorities in Beijing announced they will slash new car registrations to ease traffic gridlock. This year, the city will allow only 240,000 vehicles to be registered, about a third of the number of last year.Moreover, Beijing municipal government agencies and public institutions were prohibited from increasing the size of their vehicle fleets over the next five years.Other measures include higher parking fees in the city's central areas, and stricter traffic rules for cars registered outside Beijing.An odd-even license plate number system was introduced to allow cars to be driven every other day in peak hours in some congested areas.Beijing opened five new suburban subway lines on Dec. 30 with a combined length of 108 km, bringing the city's total number of subway lines to 14 and the total length to 336 km.Beijing was building more subway lines, Li said.The number of lines in the city would reach 19 by 2015. Then, their combined length would total 561 km. By 2020, the total subway length would increase to 1,000 km, she said."Developing public transport, especially rapid rail transit, is an important move for Beijing to ease traffic congestion and improve urban functionality," she said.Li Feng, who lives in Daxing, a suburban district in southern Beijing, told Xinhua Wednesday that he had felt the positive changes in Beijing's traffic."I used to drive at a speed of only 20 km per hour when I entered and left the city in the morning and evening rush hours, but now I can drive at 40 km per hour," he said.Yet many people are waiting to see the long-term effect of the measures as Beijing still faces pressure from the huge demand for private cars.The Beijing transport authority on Sunday revealed it had received 215,425 new car license applications, after this month's application period closed late Saturday night.But only a tenth of the applicants will get license plates this month, after a lottery is held on Jan. 26.
BEIJING, Dec. 31 (Xinhua) -- Chinese President Hu Jintao put the country's economic tasks on top of next year's agenda in a New Year address broadcast Friday.In his address to domestic and overseas audience via state TV and radio broadcasters, Hu said to accelerate the transformation of economic development pattern will be a consistent thread of China's work in 2011, the first year of the country's 12th Five-Year Program.China will adopt a "proactive" fiscal policy and "prudent" monetary policy, speed up economic restructuring, improve people's livelihood and push forward reform and opening-up, he said in the speech titled "Jointly Improve the Welfare of People from All Countries," broadcast by the China Radio International, China National Radio and China Central Television.The country will stick to the guidelines of "one country, two systems", "Hong Kong people governing Hong Kong", "Macao people governing Macao" and a high degree of autonomy to maintain long-term prosperity and stability of Hong Kong and Macao, he said."We will adhere to the principles of 'peaceful reunification' and 'one country, two systems,' firlmly hold on to the theme of peaceful development of cross-Strait relations, continue to advance exchanges and cooperation, and ceaselessly work for the benefit of the compatriots on both sides of the Taiwan Strait," he said.Chinese President Hu Jintao delivers a New Year address titled "Jointly Improve the Welfare of People from All Countries" which is broadcasted to domestic and overseas audiences via state TV and radio broadcasters, in Beijing, capital of China, Dec. 31, 2010. In 2010, in face of complicated domestic and international situations, Chinese people successfully hosted the Shanghai World Expo and the Asian Games in Guangzhou while bravely fighting against deadly natural disasters including the earthquake in Qinghai Province and the landslide in Gansu Province, he said.China fulfilled the targets set by the 11th Five-Year Program (2006-2010) and increased its economic and comprehensive strength, Hu said.The country was also actively engaged and played a constructive part in international cooperation to cope with global financial crisis, climate change and nuclear issues, he said."On behalf of the Chinese government and people, I would like to extend sincere acknowledgement to governments and people who offered great help to us this year," Hu said.WORKING TOGETHER WITH OTHER COUNTRIESThe world currently is witnessing multipolarization and globalization while science and technological development is on the edge of breakthrough, Hu said.But the global economy is still moving on a long and winding path towards recovery and issues like climate change, energy, food security and public health security become more serious, Hu said."International and regional hot issues have cropped up one after another, while peace and development of the world are facing unprecedented opportunities and challenges."China will hold high the flag of peace, development and cooperation, adhere to the independent foreign policy, maintain world peace and promote common development, Hu said.The country will stick to the principle of mutual benefits when opening up itself, he said.China will develop friendly cooperation with all other countries on the basis of the five principles of peaceful co-existence and continue to actively participate in international cooperation on global issues, Hu said."(We) will continue to work with the people of all countries to jointly promote the building of a harmonious world of lasting peace and common prosperity," said Hu.He also extended sympathy to people who have been suffering from war, poverty, diseases and natural calamities and promised that China will do all it can to help them as it has done before."I believe, as long as the people from all countries make efforts hand in hand, the world will have a better future and the welfare of the people from all countries will be improved," Hu said.An article by Hu on implementing the guiding principles of the Fifth Plenum of the 17th Communist Party of China (CPC) Central Committee will be published in Qiu Shi (Seeking Truth), an official magazine of the CPC Central Committee, on Jan. 1.
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